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BUSINESS NEWS

Latest business news updates about the stock markets, economy, personal finance, property and Kiwisaver.

12:15 Thu Apr 24 2014
The receiver of Southern Cross Forest Products is closing a mill and winding down the Australian unit in a bid to sell the business as a going concern.
Google online maps go back in time
11:30 Thu Apr 24 2014
Google is letting people turn back the clock on Street View to show how places have changed over the seven years it has been collecting pictures.
10:58 Thu Apr 24 2014
Chorus is warning a Commerce Commission decision on copper pricing will lower its earnings by up to $10m.
10:24 Thu Apr 24 2014
The Financial Market Authority is now also looking into interest rate swaps banks offered to rural customers, joining the Commerce Commission's probe.
Inflation pressures force OCR rise: RBNZ
09:51 Thu Apr 24 2014
Reserve Bank governor Graeme Wheeler says inflation pressures are becoming apparent, which meant a second OCR rise in two months was needed.
09:30 Thu Apr 24 2014
Abano Healthcare is considering a request by two major shareholders to vote on dumping its chairman Trevor Janes.
09:19 Thu Apr 24 2014
Finance News Update, what you need to know
09:02 Thu Apr 24 2014
Helped by gains in mobile users and mobile advertising, Facebook profits nearly tripled in the first quarter.
08:28 Thu Apr 24 2014
The NZ dollar was steady at US85.92 cents in Wellington ahead of a widely tipped OCR rise, with traders awaiting accompanying RBNZ comments.
WhatsApp says it has half billion users
07:30 Thu Apr 24 2014
WhatsApp now has 500 million active users, the free mobile messaging service being acquired by Facebook says.
04:39 Thu Apr 24 2014
Belgian-Brazilian brewing giant AB InBev is to purchase Chinese brewery Siping Ginsber in a deal reportedly worth 450 million euros.
04:33 Thu Apr 24 2014
Boeing says its outlook for the full year remains positive on the strength of demand for its products.
03:42 Thu Apr 24 2014
An oil and gas production boom in the US has lifted the country's stockpiles to a record 397.7 million barrels.
01:59 Thu Apr 24 2014
China is reportedly set to launch a series of projects for private investment as part of a pledge to let markets play a greater role in allocating capital.
01:55 Thu Apr 24 2014
UK-based clothing chain Primark is preparing to take on the US market, with plans tobegin trading there towards the end of 2015.
20:51 Wed Apr 23 2014
A survey shows eurozone business activity hit a near three-year high in April as a modest economic recovery gained momentum and began creating jobs.
China manufacturing up slightly in April
19:30 Wed Apr 23 2014
HSBC's preliminary purchasing managers' index shows China's crucial manufacturing sector is still shrinking, but at a slower rate.
18:47 Wed Apr 23 2014
China's yuan currency has hit a 16-month low against the US dollar, with some traders blaming the slowing economy.
18:03 Wed Apr 23 2014
Energy stocks pushed the New Zealand market higher as investors bet the government is in a stronger position to be re-elected.
17:53 Wed Apr 23 2014
The NZ dollar is up against the aussie dollar on the eve of an interest rate decision in New Zealand on Thursday.
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